Pump.fun Debuts Mobile App

Pump.fun, a Solana-based meme coin launchpad, has launched a mobile app for iOS and Android, expanding accessibility amidst the ongoing meme coin frenzy.

The app mirrors its web platform, allowing users to create Solana meme coins for free, trade tokens, manage portfolios, and build customised watchlists.

Users can sign up via email or Google, automatically generating a Solana wallet through Privy.

Tokens can be created at no cost, while trading incurs platform fees used to cover operational expenses.

A Pump.fun representative emphasized that user demand drove the app’s development, highlighting its importance as an alternative to the web interface:

“Our users asked for it, we gave it to them.”

Initially released in October with limited features, the app now offers full functionality.

They said, hinting that more features could be revealed down the road:

“We took the time we needed to get it right.”

However, due to regulatory challenges, it remains unavailable to UK users.

Meme Coin Craze Could Thin Liquidity

Pump.fun’s mobile app launch follows a proposed class-action lawsuit alleging US securities law violations and comes amid a surging meme coin market.

Since its inception, the platform has facilitated over seven million token launches, including former top 100 tokens like Peanut the Squirrel (PNUT) and Fartcoin (FARTCOIN), generating nearly $500 million in fees over the past year, according to DeFiLlama.

The frequent transfer of these fees to centralised exchanges has drawn criticism from the community.

Bobby Ong, CoinGecko’s co-founder and COO, noted that 600,000 new tokens were launched in January 2025 alone—a 12-fold increase from the previous year—largely driven by platforms like Pump.fun, which enable token creation without technical expertise.

Ong cautioned that with the rapid growth of blockchains and decentralised exchanges, the number of tokens in circulation could reach one billion within five years, potentially straining liquidity and dividing market attention.

Ong responded to an X user’s question about liquid fragmentation.

“Too many tokens, each spreading the limited attention and liquidity of traders even thinner. That’s why we don’t see the great alt pumps of previous cycles.”